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Examples
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The resulting entity would be a European champion big enough to outgun U.S. rival Flowserve in the business of flow-control systems and pumps without posing significant competition issues.
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It uses traditional control structures like gosub, for/next, and goto, which helps kids easily see how program flow-control works.
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The company's flow-control unit -- which manufactures valves, fittings, pipes and other products for water and wastewater markets -- posted a 20% drop in earnings on a 16% revenue decrease.
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The company's flow-control unit -- which manufactures valves, fittings, pipes and other products for water and wastewater markets -- posted a 40% jump in earnings excluding items on higher margins amid a 17% revenue boost.
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The flow-control unit, which manufactures valves, fittings, pipes and other products for the water and wastewater markets, saw earnings excluding items jump 53% amid a 29% revenue increase on productivity gains and strong demand in key end markets, particularly energy and water.
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Conversely, fluid technology -- which includes wastewater systems -- is projected to post a 4% drop in revenue, and ITT's motion and flow-control segment is expected to record a 15% decline.
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During the quarter, revenue from Tyco's flow-control unit, which makes industrial valves, rose 11% to $1.2 billion.
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ITT said its motion and flow-control business logged $315 million in third-quarter revenue, up 18%, while operating income grew 24% to $45 million, excluding items.
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The company's biggest profit gainer was its flow-control division, which works in water and wastewater markets.
Tyco's Net Income 2007
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Watts Water Technologies tops the list: The maker of water piping and flow-control products said earnings rose sharply thanks to higher prices and prior acquisitions.
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